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BREAKING: Animoca’s Moca Network Launches Game-Changing L1 Blockchain for Digital Identity

BREAKING: Animoca’s Moca Network Launches Game-Changing L1 Blockchain for Digital Identity

Coindesk
Author:
Coindesk
Release Time:
2025-06-25 15:41:04
0

Animoca Brands' Flagship Project Moca Network to Debut L1 for Digital Identity

Web3 giant Animoca Brands just dropped a bombshell—their flagship Moca Network is building a dedicated Layer 1 blockchain for digital identity solutions. Finally, an on-chain passport that might actually work.

Why this matters:

- First-mover advantage in the fragmented digital ID space (where even Ethereum struggles with scalability)

- Potential to become the SSO (Single Sign-On) for Web3—if they can avoid the usual crypto onboarding nightmares

The cynical take: Because what crypto really needs is another blockchain—especially when most 'identity solutions' still can't stop SIM-swap attacks. But hey, at least it's not another memecoin.

One thing's certain: TradFi's clunky KYC systems just got served notice. The race to own your digital self is officially on.

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